MIT announced a $1 billion commitment to address the global opportunities and challenges presented by the prevalence of computing and the rise of artificial intelligence (AI) with the MIT Stephen A. Schwarzman College of Computing, which will be completed by 2022.

Process automation projects are complex and can go through many challenges before completion. Remaining open, honest, and demanding high expectations from everyone can help ensure the project will be successful.

Machine as a service (MaaS) and blockchain manage and secure machine data and transactions. Blockchain, while known for its use in the financial world, is being used by Steamchain, a start-up company, to provide secure financial and machine information design to help end users and original equipment manufacturers (OEMs).